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Search Result for “Oil Fuel Fund”

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THAILAND

Thai fuel prices unchanged despite tax hike

Yuthana Praiwan, Published on 07/05/2025

» Retail prices of fuel remain unchanged in Thailand despite a decision to increase the fuel excise tax by 15%, according to Energy Minister Pirapan Salirathavibhaga.

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GENERAL

Oil fund loss likely to evaporate in H2

Yuthana Praiwan, Published on 06/05/2025

» The state Oil Fuel Fund’s huge loss of 47.7 billion baht is expected to be wiped out this year thanks to a decrease in global crude oil prices, says an Energy Ministry official.

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GENERAL

Regional shares sink as trade war worries mount

Business, Published on 29/03/2025

» RECAP: Asian stocks slid yesterday with heavy selling in South Korea and Japan, while safe-haven gold traded at a record high as the latest tariff salvo from US President Donald Trump stoked investor worries of an all-out trade war.

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GENERAL

Retail petrol, diesel prices to drop in Thailand

Yuthana Praiwan, Published on 24/03/2025

» The board of the Oil Fuel Fund Office (OFFO) on Monday resolved to cut the oil fund contribution rate and consequently retail oil prices will fall by one baht per litre.

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OPINION

When disasters create unlikely alliances

Oped, Published on 15/03/2025

» Disasters are tragic and frightening events, whether emerging from the climate crisis, armed conflict, or health catastrophe. They reveal deep social inequalities and compel fear and insecurity. But times of catastrophe can also serve as opportunities to turn toward collective resilience and mutual aid and build unlikely alliances between communities.

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OPINION

Why banks keep lowering their climate targets

News, Published on 12/03/2025

» When Morgan Stanley moved the goalposts back on its climate targets in October, members of the industry's biggest climate alliance were caught off guard.

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OPINION

Investors are fleeing references to climate change

News, Published on 17/02/2025

» For more than a decade, money manager Garvin Jabusch would show a chart of the planet's rising temperatures when pitching investment ideas to clients, saying they could help save the planet and still make money. These days, he no longer uses the chart and avoids talking about climate change.

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INVESTMENT

Sluggish year ahead for SET following 2 down years

Published on 11/01/2025

» The Stock Exchange of Thailand (SET) was volatile in December with several negative news items affecting the market and blunting modest gains during the first week.

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GENERAL

Thailand reaffirms green pledges

Business, Yuthana Praiwan, Published on 06/01/2025

» Despite an unimpressive end to COP29, the 2024 UN Climate Change Conference held in Baku, Azerbaijan, Thailand remains committed to its campaign to reduce carbon dioxide emissions, with a view to accelerating its progress.

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GENERAL

Thai energy transformation becomes laborious slog

Business, Yuthana Praiwan, Published on 26/12/2024

» Energy Minister Pirapan Salirathavibhaga was in the spotlight this year as he pushed ahead with the uphill task of dissolving the Oil Fuel Fund Office (Offo) and developed a costly strategic petroleum reserve to better control oil and liquefied petroleum gas (LPG) prices for Thailand over the long term.